Skyworks Beats Q1 Expectations, Guides for Seasonal Dip as Broad Markets Hold

Management cites Wi‑Fi 7 alongside data‑center programs as growth drivers despite expected mobile softness.

Overview

Revenue came in at $1.035 billion with GAAP EPS of $0.53 and non‑GAAP EPS of $1.54, topping Zacks’ consensus on both sales and earnings.
For the March quarter, the company guides revenue to $875 million–$925 million and projects non‑GAAP EPS of $1.04 at the midpoint.
Mobile revenue is expected to fall about 20% sequentially as Broad Markets remain roughly flat and represent approximately 44% of sales.
Operating cash flow reached $396 million and free cash flow was $339 million, and the board declared a $0.71 per‑share dividend payable March 17 to holders of record February 24.
The quarter featured Wi‑Fi 7 design wins with Comcast, Verizon and TP‑Link, expanded automotive programs with Volkswagen and BYD, and strengthened 5G placements including Samsung’s Galaxy S26.